D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) Shares Sold by Two Sigma Investments LP

Two Sigma Investments LP reduced its stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) by 83.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 48,834 shares of the company’s stock after selling 239,177 shares during the period. Two Sigma Investments LP’s holdings in D-Market Elektronik Hizmetler ve Ticaret A.S. were worth $148,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of HEPS. BIT Capital GmbH grew its stake in D-Market Elektronik Hizmetler ve Ticaret A.S. by 9,161.3% in the fourth quarter. BIT Capital GmbH now owns 1,499,495 shares of the company’s stock worth $4,543,000 after purchasing an additional 1,483,304 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in D-Market Elektronik Hizmetler ve Ticaret A.S. by 2.4% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 249,664 shares of the company’s stock worth $756,000 after buying an additional 5,855 shares during the last quarter. Rangeley Capital LLC acquired a new position in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. in the 4th quarter worth approximately $303,000. Tekne Capital Management LLC bought a new stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. in the 4th quarter valued at approximately $18,786,000. Finally, Jump Financial LLC bought a new stake in shares of D-Market Elektronik Hizmetler ve Ticaret A.S. in the 4th quarter valued at approximately $66,000. Institutional investors own 40.46% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Wall Street Zen cut D-Market Elektronik Hizmetler ve Ticaret A.S. from a “hold” rating to a “sell” rating in a research note on Saturday, May 24th.

D-Market Elektronik Hizmetler ve Ticaret A.S. Stock Performance

Shares of HEPS stock opened at $2.83 on Friday. The company has a market cap of $909.51 million, a P/E ratio of -18.87 and a beta of 2.37. The business has a 50 day moving average of $2.70 and a two-hundred day moving average of $3.02. D-Market Elektronik Hizmetler ve Ticaret A.S. has a 52 week low of $1.77 and a 52 week high of $4.05. The company has a quick ratio of 0.66, a current ratio of 1.02 and a debt-to-equity ratio of 0.18.

D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ:HEPS) last released its quarterly earnings data on Thursday, May 8th. The company reported ($0.03) earnings per share (EPS) for the quarter. D-Market Elektronik Hizmetler ve Ticaret A.S. had a negative net margin of 3.28% and a negative return on equity of 30.48%. The company had revenue of $0.40 million for the quarter. As a group, analysts anticipate that D-Market Elektronik Hizmetler ve Ticaret A.S. will post -0.03 EPS for the current year.

D-Market Elektronik Hizmetler ve Ticaret A.S. Company Profile

D-Market Elektronik Hizmetler ve Ticaret A.S. operates e-commerce platforms in Turkey. The company operates www.hepsiburada.com, a retail website that provides its retail customers a range of merchandise, including electronics and non-electronics products, such as books, sports, toys, kids and baby products, cosmetics, furniture, etc.